DIVIDEND REINVESTMENT SCHEME SHARE PRICE DETERMINED
Property for Industry Limited (PFI) advises that the share price used to calculate entitlements under the Dividend Reinvestment Scheme (DRS) has been set at $2.7755.
This is the volume weighted average sale price of all trades of PFI shares which took place through the NZX Main Board over the period of five trading days immediately following the Ex-Date (being
12 May 2021), less a 2.0% discount.
The new shares will be issued on the dividend payment date (being 24 May 2021) to those shareholders who have elected to participate in the DRS.
ENDS
ABOUT PFI & CONTACT
PFI is an NZX listed property vehicle specialising in industrial property. PFI’s nationwide portfolio of 95 properties is leased to 150 tenants.
For further information please contact:
SIMON WOODHAMS
Chief Executive Officer
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Phone: +64 21 749 770
Email: [email protected]
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CRAIG PEIRCE
Chief Finance and Operating Officer
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Phone: +64 21 248 6301
Email: [email protected]
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Property for Industry Limited
Shed 24, Prince’s Wharf, 147 Quay Street, Auckland 1010
PO Box 1147, Shortland Street, Auckland 1140
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www.propertyforindustry.co.nz
The CMA said it has received written assurances from the parties.
The Warehouse had confirmed a buyout proposal had been lodged.
On Tuesday, Arvida traded volumes of $127 million. Its competitors followed suit.
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